REGULATORY MATTERS (Tables)

3 Months Ended

Mar. 31, 2021

Regulated Operations [Abstract]

Schedule of Regulatory Assets

We show the details of regulatory assets and liabilities in the following table.

REGULATORY ASSETS (LIABILITIES)
(Dollars in millions)
	March 31, 2021		December 31, 2020
SDG&E:
Fixed-price contracts and other derivatives	$	(49)	$	(53)
Deferred income taxes recoverable in rates	48		22
Pension and other postretirement benefit plan obligations	52		50
Removal obligations	(2,159)		(2,121)
Environmental costs	56		56
Sunrise Powerlink fire mitigation	123		121
Regulatory balancing accounts(1)(2)
Commodity – electric	108		72
Gas transportation	5		35
Safety and reliability	64		67
Public purpose programs	(147)		(158)
2019 GRC retroactive impacts	42		56
Other balancing accounts	285		233
Other regulatory assets, net(2)	85		72
Total SDG&E	(1,487)		(1,548)
SoCalGas:
Deferred income taxes refundable in rates	(15)		(82)
Pension and other postretirement benefit plan obligations	430		417
Employee benefit costs	37		37
Removal obligations	(674)		(685)
Environmental costs	35		36
Regulatory balancing accounts(1)(2)
Commodity – gas, including transportation	(190)		(56)
Safety and reliability	331		335
Public purpose programs	(222)		(253)
2019 GRC retroactive impacts	152		202
Other balancing accounts	(162)		(58)
Other regulatory assets, net(2)	108		75
Total SoCalGas	(170)		(32)
Sempra Mexico:
Deferred income taxes recoverable in rates	80		80
Total Sempra Energy Consolidated	$	(1,577)	$	(1,500)

(1)    At March 31, 2021 and December 31, 2020, the noncurrent portion of regulatory balancing accounts – net undercollected for SDG&E was $202 million and $139 million, respectively, and for SoCalGas was $261 million and $218 million, respectively.

(2)    Includes regulatory assets earning a return.

Schedule of Regulatory Liabilities

We show the details of regulatory assets and liabilities in the following table.

REGULATORY ASSETS (LIABILITIES)
(Dollars in millions)
	March 31, 2021		December 31, 2020
SDG&E:
Fixed-price contracts and other derivatives	$	(49)	$	(53)
Deferred income taxes recoverable in rates	48		22
Pension and other postretirement benefit plan obligations	52		50
Removal obligations	(2,159)		(2,121)
Environmental costs	56		56
Sunrise Powerlink fire mitigation	123		121
Regulatory balancing accounts(1)(2)
Commodity – electric	108		72
Gas transportation	5		35
Safety and reliability	64		67
Public purpose programs	(147)		(158)
2019 GRC retroactive impacts	42		56
Other balancing accounts	285		233
Other regulatory assets, net(2)	85		72
Total SDG&E	(1,487)		(1,548)
SoCalGas:
Deferred income taxes refundable in rates	(15)		(82)
Pension and other postretirement benefit plan obligations	430		417
Employee benefit costs	37		37
Removal obligations	(674)		(685)
Environmental costs	35		36
Regulatory balancing accounts(1)(2)
Commodity – gas, including transportation	(190)		(56)
Safety and reliability	331		335
Public purpose programs	(222)		(253)
2019 GRC retroactive impacts	152		202
Other balancing accounts	(162)		(58)
Other regulatory assets, net(2)	108		75
Total SoCalGas	(170)		(32)
Sempra Mexico:
Deferred income taxes recoverable in rates	80		80
Total Sempra Energy Consolidated	$	(1,577)	$	(1,500)

(1)    At March 31, 2021 and December 31, 2020, the noncurrent portion of regulatory balancing accounts – net undercollected for SDG&E was $202 million and $139 million, respectively, and for SoCalGas was $261 million and $218 million, respectively.

(2)    Includes regulatory assets earning a return.